Gulf Cable and Electrical Industries Company - KPSC
KWSE:CABLE Stock Report
Market Cap: د.ك261.1m
Gulf Cable and Electrical Industries Company - KPSC Dividend
Dividend criteria checks 3/6
Gulf Cable and Electrical Industries Company - KPSC is a dividend paying company with a current yield of 5.18% that is well covered by earnings. Next payment date is on 20th May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
5.2%
Dividend yield
64%
Payout ratio
Industry average yield
1.6%
Next dividend pay date
20 May 24
Ex dividend date
09 May 24
Dividend per share
n/a
Earnings per share
د.ك0.10
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CABLE's dividend payments have been volatile in the past 10 years.
Growing Dividend: CABLE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Gulf Cable and Electrical Industries Company - KPSC Dividend Yield vs Market
How does CABLE dividend yield compare to the market?
Segment
Dividend Yield
Company (CABLE)
5.2%
Market Bottom 25% (KW)
3.4%
Market Top 25% (KW)
6.6%
Industry Average (Electrical)
1.6%
Analyst forecast in 3 Years (CABLE)
n/a
Notable Dividend: CABLE's dividend (5.18%) is higher than the bottom 25% of dividend payers in the KW market (3.42%).
High Dividend: CABLE's dividend (5.18%) is low compared to the top 25% of dividend payers in the KW market (6.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.3%), CABLE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (375.3%), CABLE's dividend payments are not well covered by cash flows.